Mortgage scammer nabbed

The last time house-flipper Cornelius Robinson was mentioned it was for getting convicted for his role in masterminding a ring of folks who inflated the prices of homes in Austin and San Antonio. Their activities caused 19 financial institutions to file insurance losses for $4.5 million in relation to 33 properties, according to the U.S. Attorney’s Office in the Western District of Texas.

Robinson was convicted of conspiracy to make false statements related to a loan, to commit wire fraud, five counts of wire fraud, 9 counts of making false statements on a loan, one count of aiding and abetting the receipt of commissions or gifts from loans by a bank employee, conspiracy to commit money laundering and 7 substantive counts of money laundering.

While his other 15 ringmates pleaded guilty or were sentenced earlier in the summer, Robinson pushed to get his sentencing set for Aug. 8.

And then he didn’t show up in court, according to the Federal Bureau of Investigation that documented his scams which affected at least five properties on Meadow Field near Grissom Road in San Antonio.

Sometime in the last week he was caught. “He has been apprehended and is set for sentencing on August 29,” Daryl Fields, a U.S. Attorney’s Office spokesman, told the E-N yesterday.